Matthew Rafat

Views from Netflix's Annual Shareholder Meeting

Netflix finally responded re: the issue of online captioning. For more, see here:

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Views from Netflix's Annual Shareholder Meeting

To Mitt Persons: you believe I have a "very large short position in NFLX." Your belief is false. I do not have any short positions in NFLX; if I did, Seeking Alpha would require me to disclosure such a position. As I indicated above, I own a tiny number of shares.

Davis Freeberg: thank you for your comments. While there may be some digital rights management issues, Netflix's CEO clearly stated he would _not_ take an active role in encouraging captions. Without his support, or Netflix raising the issue with content providers, widespread use of online captioning will be delayed or may not occur. If you google "Netflix captioning online deaf," you will see that Netflix has known about this issue for years, and there is still no apparent progress.